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Lohia Worldspace to invest ₹200 cr in 1st housing project at Moradabad

  • Lohia Worldspace, the real estate arm of Lohia Global, is set to invest ₹200 crore in its first housing project, consisting of 175 luxury villas in Moradabad.
  • Lohia Global, with an annual revenue of approximately ₹1,200 crore, diversified into real estate to leverage its 200-acre land bank across North Indian cities after operating in handicraft exports, electric vehicles, tiles, and solar energy.
  • The director, Pyush Lohia, emphasized creating modern and thoughtful design homes through Lohia Worldspace, with the Moradabad project's completion expected by 2029 due to the estimated ₹200 crore investment.
  • With a strong demand for upscale residences in Moradabad, Lohia Global plans to invest ₹1,000 crore over the next five years in real estate projects across India, focusing on locations like Moradabad and Delhi to uplift communities and infrastructure.

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